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Category: <span>News</span>

Category: News

Helium “Shortage” Likely To Get Worse Before Better, New Overseas Suppliers — and Balloon Bans — On the Way

Helium distribution problems could cut supplies by one-third this year…critical uses such as MRI machines take precedence…and cities have begun banning helium balloon releases, which can cause power line disruptions and wildlife deaths

 

June 13, 2019

 

Texas may be one of the main worldwide sources of helium gas, but demand is now outstripping supply, while many don’t realize there are critical uses for the gas — and a possible state-by-state ban of helium balloons on the horizon.

Party City is the retailer where many buy their birthday balloons, but the chain is closing a number of its 870 stores, not because of the helium undersupply but because of falling sales — still managers acknowledge the shortage as a problem…..
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100-Year Celebration of KMA Oilfield slated

By Alex Mills

 

June 13, 2019

 

The oil and gas industry has been the driving force behind commerce, culture and community throughout Texas for more than a century.

The early days were marked by individuals who had driving ambition to drill deep into the earth in hope of discovering oil. The risks were high, and the rewards could be high, too.

Four such men were Joseph Kemp of Wichita Falls, S.I. and H.M. Munger of Dallas, and Reece Allen of Electra, who joined together in 1919 to form the Kemp-Munger-Allen Oil Company, and drill a wildcat well a few mile west of Wichita Falls. The #1Munger began flowing oil on Oct. 29, 1919 and the KMA Oilfield was born.

A century later a group of community leaders of the area will gather to celebrate the 100th anniversary with the placement of a Historical Marker. The dedication ceremony will begin at noon on Wednesday at the Kamay Volunteer Fire Department, and everyone is invited to attend….
 

Governor of Texas Signs Comprehensive Disaster Planning Bills, Extends Plumbing Licensing Board Through Exec Order

June 13, 2019

 

Adding to recent federal money released to the state of Texas for disaster relief, Texas now has new storm and flood preparation plans — and a $1.6 billion for prep and infrastructure — signed into law on Thursday by Governor Greg Abbott.

Abbott signed HB 5, HB 7, SB 6 and SB 7, which together provide disaster training, debris pickup plans and the cash for disaster resilience planning and building….
 

New York Judge Rules Against Exxon’s “Misconduct” Claim, Simplifying Climate Change Case

Law analysts see it as a possible precedent-setting case in utilizing climate change against oil and gas companies…Case doesn’t directly stem from any climate change-related laws…Judge tells NY AG’s office it will either prove securities or financial fraud — or it won’t

 

June 13, 2019

 

Lawyers for ExxonMobil continue to prepare for an October 23rd “climate change” trial after a New York judge blocked some of the Irving-based company’s lines of defense.

Exxon had proposed to the court that New York state Attorney General Eric Schneiderman, who began the investigation against the oil company, was working with a climate “activist agenda.”……
 

Update: Where Will Oxy Land? And Lucid Energy Makes Space In Dallas, While Magnum Oil Tools Founder Works On Downtown Corpus

And in Corpus Christi, Magnum Oil Tools International Limited founder Lynn Frazier is planning to restore a downtown building that was once a headquarters for HEB.

,Frazier, whose company sells tools used in the drilling process to extract oil and gas, said the property was developed in 1953 and has been unoccupied since 1985, with an effort by Orion Drilling to restore the property proving unsuccessful a few years ago….